Economy News

India-New Zealand FTA Creates US$2 Billion Export Opportunity for Indian Textile Industry

India's textile and apparel industry is expected to benefit significantly from the forthcoming India-New Zealand Free Trade Agreement (FTA), which is set to enhance bilateral trade, improve market access,...

NCTO Voices Concerns Regarding USTR’s Textile Mechanism, Part of Administration’s Section 301 Actions on Forced Labor

The National Council of Textile Organizations (NCTO), which represents the full spectrum of the U.S. textile industry from...

U.S. Textile and Apparel Industry Unites Behind New Trade Incentive Proposal

For the first time in recent years, leading U.S. textile manufacturers, apparel brands and retailers have jointly proposed...

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

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Tunisia could cancel trade agreement with Turkey

By Reuters News Service Tunisia is seeking an urgent review of a trade agreement with Turkey in order to cut a widening deficit, two Tunisian...

Iran-Oman online exhibit to be held in late August

Iran-Oman Joint Chamber of Commerce will hold the first online exhibit of the two countries on August 29, Iran Chamber of Commerce, Industries, Mines,...

We aRe Spin Dye signs collaboration agreement with Stokke As

We aRe Spin Dye (WRSD) AB (publ) (“WRSD”) has today entered into a collaboration agreement with the Norwegian brand Stokke®. Stokke is an International brand...

Iran, Kazakhstan target $1b in annual trade

TEHRAN – Head of Iran-Kazakhstan Joint Chamber of Commerce said the two countries have the potential to boost their annual trade to $5 billion,...

German firm Sedo Treepoint to present latest innovations at ITMA Asia

Sedo Treepoint, a German machine automation company, has announced that it will be presenting its latest innovations at ITMA ASIA 2021 in Shanghai. The company’s...

Ukraine invites Turkish investors for major privatizations

There are 3,600 state enterprises in many fields such as real estate, agriculture and industrial machinery production that were inherited from the Soviet period...

Maison et Objet confirms September in-person expo

PARIS — Maison & Objet officials confirmed that the fair will take place Sept. 9-13 at Paris Nord Villepinte, alongside the Sept. 9-18 Paris...

Saudi Arabia to sell 1% of Aramco to foreign investor: MBS

Saudi Arabia is in discussions to sell 1% of state oil firm Saudi Aramco to a leading global energy company, the kingdom’s crown prince...

Preferential trade deal expansion priority for Turkey, Iran

Finalizing ongoing negotiations with Iran for the expansion of the Preferential Trade Agreement is a priority for Turkey, Energy and Natural Resources Minister Fatih...

250 participants take part in virtual textile expo

‘Textile Exchange 2021,’, a business to business platform, saw more than 250 participants at its two-day virtual expo that concluded on Saturday. Hosted by...
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